Marguerite Casey Foundation plans to give at least $50M annually_ a rare increase at a ... (original) (raw)

The Marguerite Casey Foundation plans to donate at least $500 million over the next decade. Tuesday's announcement would double the average annual payout for the funder of “community-based organizations” that aim to ensure “government works for everybody." The...read full story

"government works for everybody." The increase is part of its efforts to spur more urgent grantmaking throughout philanthropy. White House cuts to federal funding are creating what the National Council of Nonprofits calls an “existential crisis."